News

DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced

Fee income rose to a record as wealth fees hit new heights.

FLCT gears for COVID-19 impact on its retail portfolio

COVID-19 had a $1.1m impact on Frasers Logistics & Commercial Trust’s distributable income for the first nine months of the financial year.

SGX achieves milestone Aa2 rating

The rating is the highest given to any exchange group by the investor service.

Keppel subsidiary forms joint venture with Shanghai Topchain

The joint venture company will manage investment properties with potential for asset enhancement initiatives in China.

SEEDS Capital enters $150m partnership for deep tech startups

The initiative involves 13 new partners under the Startup SG Equity Scheme.

Market Update: STI up 1.07%

ThaiBev and Yangzijiang Shipbuilding took the lead as the index closed today.

Edtech startup Flying Cape bags $2m in Series A funding round

The funds will scale Flying Cape’s operations in China and SEA.

Restructuring of CLI to unlock substantial long-term value: CapitaLand CEO

CapitaLand plans to restructure and list CLI to include its investment management platforms and lodging business.

CEREIT secures foray into UK Logistics

Cromwell European REIT takes the first step towards establishing a foothold in the logistics industry.

Prime US REIT distributable income slips 1.3% YoY in H1, remains stable

Prime said its gross revenue and net property income also remained stable.

China Aviation Oil recovery pushed back to FY 2022: DBS

DBS Group Research cut the jet fuel trader’s profit projections by 26% for 2021.

OCBC net profit soars by 86% to $2.6b in first half

The net profit growth was driven by a robust banking and insurance performance.